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Douglas W. Teubert Comment On Regulatory Notice 25-05

Douglas W. Teubert
P.K.S. Investments

The redundancy and bureaucracy and extra paperwork it requires to write an application has got to stop!! I have been in this vocation for over 40 years and the extra work to get an application approved is overwhelming. We already have "Best Interest", "Attestations" and "Suitability for BOTH Broker Dealer AND Insurance Company. This just slows down commerce unnecessarily. We already have 80 pages in just one companies annuity application which is way too much!! There are ALREADY enough checks and balances.